John O. Melby & Co. Bank

Headquarters

36450 Main Street
Whitehall, WI 54773
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 1.05% →
1-Year CD N.A. 0.95% →
2-Year CD N.A. 1.05% →
5-Year CD N.A. 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

John O. Melby & Co. Bank is an FDIC insured institution located in Whitehall, WI. It was founded in 1888 and has approximately $0.04 billion in assets.

FDIC Insured Yes
FDIC Certificate # 14945
Date Established 1888
Assets $ 42.57 million
Loans $ 21.51 million
Deposits $ 35.54 million
Capital $ 6.98 million
 

For a more detailed analysis of John O. Melby & Co. Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828


Loan Rates - September 21, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for John O. Melby & Co. Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.815% 2.750% 0.88 $2,122 $1,021 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.990 %
$0 Learn More
More Info

Note to John O. Melby & Co. Bank
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Branches

John O. Melby & Co. Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


John O. Melby & Co. Bank Locations


Financial Details

John O. Melby & Co. Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of John O. Melby & Co. Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
John O. Melby & Co. Bank U.S. Bank Average
9.34% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, John O. Melby & Co. Bank had $683,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $6,979,000 in equity and $332,000 in loans loss reserves. That gives it a Texas Ratio of 9.34%.

Return on Equity
John O. Melby & Co. Bank U.S. Bank Average
2.38% 7.80%

John O. Melby & Co. Bank has a Return on Equity of 2.38% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
John O. Melby & Co. Bank U.S. Bank Average
16.39% 12.68%

John O. Melby & Co. Bank has a Capitalization of 16.39% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

John O. Melby & Co. Bank Balance Sheet Analysis

As of December 31, 2013, John O. Melby & Co. Bank had assets of $42,568,000, loans of $21,509,000, and deposits of $35,542,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions N.A.
Interest-bearing balances N.A.
Total securities N.A.
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 21.51 million
Loan loss allowance $ 0.33 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles N.A.
All other assets N.A.
     Total Assets N.A.
LIABILITIES
Total deposits $ 35.54 million
      Interest-bearing deposits N.A.
      Deposits held in domestic offices N.A.
      % insured (estimated) 0.00%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities N.A.
      Total Liabilities N.A.
      Shareholders’ Equity $ 42.57 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income N.A.
Total Interest Expense N.A.
Net interest income N.A.
Provision for loan and lease losses N.A.
Total non interest income N.A.
Total non interest expense N.A.
Pre-tax Net Operating Income N.A.

Bank Loan Profile?

The top three loan types in John O. Melby & Co. Bank’s loan portfolio are 1-4 Family Residential Loans, Small Business Loans, and Commercial Real Estate.

Compared to other banks in Wisconsin, John O. Melby & Co. Bank has a significantly higher percent of Consumer Auto Loans, Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 32.84
Multifamily
Mortgages
0.21
Credit Card Loans 0.00
Consumer Auto Loans 3.58
Small Business Loans 14.04
Construction and Development Loans 0.00
Commercial Real Estate 14.04
Commercial and Industrial Loans 11.09
Farm Loans 5.63

Frequently Asked Questions About John O. Melby & Co. Bank

Branches and Savings

Is John O. Melby & Co. Bank FDIC insured?

Yes. It is covered under FDIC Certificate #14945.

Why does John O. Melby & Co. Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are John O. Melby & Co. Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is John O. Melby & Co. Bank a commercial bank?

Yes

Where are John O. Melby & Co. Bank locations?

See branch locations nearby.

Is John O. Melby & Co. Bank open on Saturdays?

Is John O. Melby & Co. Bank open on Sundays?

What time does John O. Melby & Co. Bank open?

What time does John O. Melby & Co. Bank close?

Are John O. Melby & Co. Bank ATMs Open 24/7?

Do John O. Melby & Co. Bank ATMs accept cash deposits?

Can John O. Melby & Co. Bank customers use other ATMs?

Do John O. Melby & Co. Bank branches have notaries?

Will John O. Melby & Co. Bank notarize my document?

What address for John O. Melby & Co. Bank should I put for incoming ACH transfers?

Will the John O. Melby & Co. Bank branch print checks?

Do John O. Melby & Co. Bank checks expire?

Does John O. Melby & Co. Bank require US citizenship to open account?

Can John O. Melby & Co. Bank close my account?

Does John O. Melby & Co. Bank Report to credit bureaus?

Does John O. Melby & Co. Bank Use Equifax?

What is John O. Melby & Co. Bank's ACH Routing Number?

What is John O. Melby & Co. Bank's SWIFT code?

Products

Does John O. Melby & Co. Bank offer mortgages?

Compare mortgage rates here.

Does John O. Melby & Co. Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does John O. Melby & Co. Bank offer personal loans?

Compare personal loan rates here.

Does John O. Melby & Co. Bank offer student loans?

Will John O. Melby & Co. Bank cash a check?

Will John O. Melby & Co. Bank redeem a savings bond?

Does John O. Melby & Co. Bank cash savings bonds?

Will John O. Melby & Co. Bank cash money orders?

Can John O. Melby & Co. Bank issue a money order?

Does John O. Melby & Co. Bank do currency exchange?

Background on The Bank

Who owns John O. Melby & Co. Bank?

How long has John O. Melby & Co. Bank been around?

Can John O. Melby & Co. Bank transfer to other banks?

Does John O. Melby & Co. Bank have quick pay?

Does John O. Melby & Co. Bank accept rolled coins?

Will John O. Melby & Co. Bank accept loose change?

Where is John O. Melby & Co. Bank headquarters?

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